Giving everyone 5k would more meaningfully improve birth rates than asking educated young people worried about their future childrens' standard of living to take a leap for the cost of one small medical emergency.
I can't tell if sarcasm or not. But no this won't do anything.
Russia/Asian countries do this already it has barely any effect at all. Again it comes down to both money and culture. Can't throw money at a problem without changing the culture you're just half assing it.
5000 is genuinely nothing when it comes to raising a child.
Remember all the garbage about welfare queens? I thought this was something that was morally wrong in the 90s to support people who have kids?
40k/year sounds premium. But what little do I know, I am German and pay about 3k/year for a very nice Kindergarten.
What’s stopping communal childcare from becoming a thing again? This is how working parents did it for thousands of years.
I imagine a mix of the already diminished size of extended family units, and the liability implications if it's outside your own family unit.
You're essentially just describing an unlicensed daycare if it's not a family member, and those exist.
A lack of communities. Communal child care works great when you live in a village and you know everyone and most people around you are related to you.
We don’t have that anymore. People live in suburbs where they don’t even want to talk to their neighbours. Their relatives live far away, potentially in other provinces/states or even other countries.
Heck, a lot of people don’t even like their own relatives!
Nothing. You can find communities online (I don't have one to recommend.)
Just remember, for most of history your neighbors were at least distant relatives.
But the orange leader said that tariffs will pay for child care
He is rich and has no reference for the price of everyday items
Think of how many bananas you could buy with $5k.
"It's raising a child for ~20 years, Michael. What could it cost? 5k?"
It's one year of daycare, Michael. What could it cost? $5000?
Only among the very stupid
So half the population
Do we get to choose how it’s distributed? Here are some fun options I came up with.
$13.69 per day for a year. (Nice). About $419/month. Maybe they could round up to $420 because they stale internet meme culture is hip
$0.76 per day for 18 years. A guaranteed $22.80 per month for an entire childhood
$5000 lump sum. I can’t find any widely accepted figures for average out of pocket cost of prenatal care, child birth, and infant health visits. I’ll wild ass guess it a at covering 20-75% of those visits for people who have insurance. For people without insurance, looks like an uncomplicated vaginal birth averages $14k. But again huge variations in price
Where is all this daycare money going? My daycare was like 8 ladies that just sat around in a playroom doing arts and crafts with us all day and took us to the pool and library in summer. They could have covered that on 2/3 kids each at 40k a year/kid. They didn't seem to be particularly well off...
Daycare workers can cost about $30/hour, if you include taxes, insurance, benefits like paid time off, etc.
A typical daycare needs about 50 hours per week of coverage, and something like 8am to 6pm is about right.
Each worker can reasonably be expected to look after 4 kids.
So with perfect staffing (no overtime pay, enrollment at a perfect whole number multiple of 4), labor costs alone would be something like $375 per kid per week. Throw in rent, insurance, food, operational costs, administrative costs including certification and licensing, furniture/equipment, utilities, etc., and it's not unreasonable for that cost to balloon to $750/week, or $39k per year.
This might give some clues: https://nwlc.org/wp-content/uploads/2024/06/Two-Pager-Understanding-Private-Equity-in-Child-Care.pdf
It’s amazing how they get away with paying so little. My field is adjacent, and I’ve been open to working with elementary age, but the positions I see as “master teacher” at daycares are usually around $9-10 an hour - what I was making working at a fast food restaurant in 2015.
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